Collecting Cars buyers premium

Collecting Cars buyers premium

Author
Discussion

Mrinsignia

Original Poster:

167 posts

72 months

Thursday 22nd February
quotequote all
I am currently interested in some of the cars on the Collecting Cars website. However I am not sure on how the buyers premium works. It says 6% plus VAT. My question is the VAT to be paid on the complete price of the car or just on the 6% buyers premium? There is quite a different gross price between the two!

illmonkey

18,216 posts

199 months

Thursday 22nd February
quotequote all
+VAT on their charge, not the sale price